Coffee Talk V: The Final Battle

[thedddd]

Space Shuttle Challenger disaster - Wikipedia

en.m.wikipedia.org

Will never forget we had a snow day and was watching this at home.

 

[puckhead]

my take on the game stop thing.

in a free market, these guys can buy or sell what they want, they can even organize to do it.
the company is still fundamentally worth whatever it is... and will eventually return to that level.
when I was a stock analyst, one of my colleagues had a poster on his wall saying "the market can stay irrational longer than you can stay solvent"
That always stuck with me - just because you are right on your valuation, doesn't mean you will be able to benefit from it.
however - when the market in this stock does return to its base level, these people are going to be the ones holding the bag, because no rational investor would be buying at this level.
so, it's a matter of buying and hoping to sell to a bigger sucker. fair enough, happens all the time.

however, by making the reddit group private, they are no longer trading on publicly available information.
and therein lies the potential SEC issue.

 

[Bloody Brian Burke]

my take on the game stop thing.

in a free market, these guys can buy or sell what they want, they can even organize to do it.
the company is still fundamentally worth whatever it is... and will eventually return to that level.
when I was a stock analyst, one of my colleagues had a poster on his wall saying "the market can stay irrational longer than you can stay solvent"
That always stuck with me - just because you are right on your valuation, doesn't mean you will be able to benefit from it.
however - when the market in this stock does return to its base level, these people are going to be the ones holding the bag, because no rational investor would be buying at this level.
so, it's a matter of buying and hoping to sell to a bigger sucker. fair enough, happens all the time.

however, by making the reddit group private, they are no longer trading on publicly available information.
and therein lies the potential SEC issue.

FWIW the Reddit group was only private for about an hour and they posted in there saying they were trying to get rid of bots etc. going in there and making racist/sexist/etc. posts. It's working fine today.

Weirdly enough I couldn't get into my bank trading platform this morning which I find much more irritating. Wanted to jump on some of the tech losses yesterday and couldn't. That was nice.

 

[sabresfaninthesouth]

my take on the game stop thing.

in a free market, these guys can buy or sell what they want, they can even organize to do it.
the company is still fundamentally worth whatever it is... and will eventually return to that level.
when I was a stock analyst, one of my colleagues had a poster on his wall saying "the market can stay irrational longer than you can stay solvent"
That always stuck with me - just because you are right on your valuation, doesn't mean you will be able to benefit from it.
however - when the market in this stock does return to its base level, these people are going to be the ones holding the bag, because no rational investor would be buying at this level.
so, it's a matter of buying and hoping to sell to a bigger sucker. fair enough, happens all the time.

however, by making the reddit group private, they are no longer trading on publicly available information.
and therein lies the potential SEC issue.

Regarding the bold, that assumes that every one of these guys is literally just an amateur day trader. If even one of the guys promoting this on WSB has a broker's license (or similar), I'm thinking they're going to be in bug trouble.

 

[thedddd]

I guess she is the newest client for Reputation Defender?

 

[jstewismybastardson]

however - when the market in this stock does return to its base level, these people are going to be the ones holding the bag, because no rational investor would be buying at this level.
so, it's a matter of buying and hoping to sell to a bigger sucker. fair enough, happens all the time.

Gotta be on top of that pyramid and jump off first!

Sounds like jarule got in late lol

 

[Bloody Brian Burke]

Regarding the bold, that assumes that every one of these guys is literally just an amateur day trader. If even one of the guys promoting this on WSB has a broker's license (or similar), I'm thinking they're going to be in bug trouble.

I think that is the literal definition of a pump so, yeah that would be dumb.

The question is are stock brokers that dumb? Also yes.

 

[dash]

Regarding the bold, that assumes that every one of these guys is literally just an amateur day trader. If even one of the guys promoting this on WSB has a broker's license (or similar), I'm thinking they're going to be in bug trouble.

Better call Scorpio

 

[dash]

All those greedy bankers went to prison gave themselves huge bonuses...

 

[dare2be]

This might be the most logical explanation I have heard from one of them.

God didn't remove Trump, the people did.

People > God

 

[puckhead]

God didn't remove Trump, the people did.

People > God

no one ever puts that Nietszche quote in context

"God is dead. God remains dead. And we have killed him."


the rest of it is pretty cool, too
"How shall we comfort ourselves, the murderers of all murderers? What was holiest and mightiest of all that the world has yet owned has bled to death under our knives: who will wipe this blood off us? What water is there for us to clean ourselves? What festivals of atonement, what sacred games shall we have to invent? Is not the greatness of this deed too great for us? Must we ourselves not become gods simply to appear worthy of it?"

 

[jstewismybastardson]

 

[jstewismybastardson]

 

[jstewismybastardson]

 

[thedddd]

God didn't remove Trump, the people did.

People > God

I mean there is nothing rational about these morons thoughts. But in their self-justification this is probably the most rational thought that came out of their insane minds.

 

[thedddd]

Hey it is working!

 

[thedddd]

@forty_three I feel bad for people like this. He has no hope against Gym and the gerrymandering.

 

[forty_three]

@forty_three I feel bad for people like this. He has no hope against Gym and the gerrymandering.

Well, with Portman throwing in the towel there are rumors of Gym running for Senate. So maybe this guy does stand a chance.

 

[thedddd]

Well, with Portman throwing in the towel there are rumors of Gym running for Senate. So maybe this guy does stand a chance.

Lets only hope but due to the gerrymandering does any Democrat really have a chance?

 

[forty_three]

Lets only hope but due to the gerrymandering does any Democrat really have a chance?

Yes.

If running unopposed.